Uber's $14.8B Bid to Acquire Delivery Hero Advances

WHO:

Techmeme - Uber Technologies Inc. has agreed to acquire Delivery Hero SE.

NY Post - Uber is a US ride-hailing firm.

WHAT:

TechCrunch - The acquisition would nearly double Uber's global footprint and create one of the world’s largest food delivery platforms outside China.

Techmeme - The deal values Delivery Hero at approximately $14.8 billion.

Techmeme - Uber is offering €41.50 per share for Delivery Hero.

NY Post - Uber launched a public takeover offer for Delivery Hero.

WHERE:

Techmeme - Delivery Hero is a German food delivery company.

WHEN:

NY Post - The takeover bid was launched on a Thursday.

WHY:

NY Post - The acquisition is part of Uber's efforts to widen its food delivery network abroad.

HOW:

Techmeme - Uber is buying out Prosus' stake in Delivery Hero as part of the acquisition.

(UPDATED July 16, 2026 18:22 UTC)

Uber is set to acquire a major company, which would nearly double its global footprint and create one of the largest food delivery platforms in the world, excluding China. This significant move is expected to reshape the competitive landscape of the food delivery industry. The acquisition highlights Uber's ongoing strategy to expand its services and reach more customers worldwide.

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(UPDATED July 16, 2026 09:40 UTC)

Uber Technologies Inc. has announced its agreement to acquire Delivery Hero SE, a German food delivery company, in a deal valued at approximately $14.8 billion. The ride-hailing firm is offering €41.50 per share as part of its public takeover bid, which was launched on a Thursday. This acquisition aims to expand Uber's food delivery network internationally, and it includes buying out Prosus' stake in Delivery Hero.